BEWARE! Paypal May Have Cash Flow Problems

`` Starting 10/24/2011, money from payments you receive will be placed in a pending balance for up to 21 days. By doing this, we're making sure that there's enough money in your account to cover potential refunds or claims.'' -- This is total nonsense since PayPal can already claw back money from your bank account. The only explanation is that they are creating a "rolling cash reserve" for themselves. They hit ML-Implode with this too about 6 months ago and we've ceased using PayPal.